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Monday, November 29, 2010

Crisis

The way the unraveling is going I feel that the crisis will be really bad. We are going to see the worst crisis since 1929. We have gotten are selves in to such a mess we cannot get back out right away. This will make it hard on every one, by the unemployment rates and the shortage of money also the banks will not have the money to give loans, and if they had the money people would not be able to repay them. Now we have involved the whole world and every one in this economic mess. The next few years are going to be hard on every one. People will have to cut back on frivolous spending and stay home more. There is a good side to this though, are generation will be able to fix it over time and come out one top and better than we ever were before. We will stimulate economic create so many new jobs. We need to rebuild the economic and set higher limits and restrictions on the banks and big companies this will get us out of the crisis.

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